Cms Energy (CMS) Cost of Revenue (2009 - 2026)
Cms Energy (CMS) posted quarterly Cost of Revenue of $912.0 million for Q2 2026, up 129.72% year-over-year from $397.0 million in Q2 2025, and up 103.57% quarter-over-quarter from $448.0 million in Q1 2026.
Cms Energy (CMS) Cost of Revenue (2009 - 2026) Analysis & Trends
Cms Energy's Cost of Revenue history runs 18 years deep, the most recent figure standing at $912.0 million for Q2 2026.
- In Q2 2026, Cost of Revenue rose 129.72% year-over-year to $912.0 million; the TTM figure through Jun 2026 stood at $2.3 billion (up 39.84% YoY), while the FY2025 annual figure was $1.7 billion, up 5.43% from the prior year.
- Cost of Revenue for Q2 2026 stood at $912.0 million, up from $448.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $912.0 million in Q2 2026, with the low at $334.0 million in Q1 2022.
- The 5-year median for Cost of Revenue is $412.5 million (2022), against an average of $448.9 million.
- The sharpest annual moves came in 2023 and 2026: Cost of Revenue dropped 23.96% in 2023, then surged 129.72% in 2026.
- Cms Energy's Cost of Revenue stood at $530.0 million in 2022, then decreased by 23.96% to $403.0 million in 2023, then climbed by 4.22% to $420.0 million in 2024, then climbed by 21.19% to $509.0 million in 2025, then jumped by 79.17% to $912.0 million in 2026.
- Business Quant data shows CMS's Cost of Revenue at $912.0 million in Q2 2026, $448.0 million in Q1 2026, and $509.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | National Grid | 79.78 Bn | 75.97 Bn | - | - |
| 2 | Dominion Energy | 59.31 Bn | 58.52 Bn | 3.50 Bn | 984.00 Mn |
| 3 | Xcel Energy | 49.23 Bn | 47.22 Bn | 3.12 Bn | 2.00 Mn |
| 4 | Wec Energy | 35.31 Bn | 35.26 Bn | 1.45 Bn | 617.10 Mn |
| 5 | Ameren | 30.14 Bn | 30.13 Bn | - | - |
| 6 | Edison International | 28.79 Bn | 28.54 Bn | 3.29 Bn | 1.07 Bn |
| 7 | Fortis | 28.70 Bn | 28.70 Bn | 1.60 Bn | 519.78 Mn |
| 8 | Firstenergy | 27.31 Bn | 27.12 Bn | 2.51 Bn | 1.17 Bn |
| 9 | Hydro One | 24.05 Bn | 23.66 Bn | - | - |
| 10 | Cms Energy | 21.67 Bn | 21.43 Bn | 3.65 Bn | 912.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 912.00 Mn |
| Jun 30, 2026 | 912.00 Mn |
| Mar 31, 2026 | 448.00 Mn |
| Mar 31, 2026 | 448.00 Mn |
| Dec 31, 2025 | 509.00 Mn |
| Dec 31, 2025 | 509.00 Mn |
| Sep 30, 2025 | 416.00 Mn |
| Sep 30, 2025 | 416.00 Mn |
| Jun 30, 2025 | 397.00 Mn |
| Jun 30, 2025 | 397.00 Mn |
| Mar 31, 2025 | 405.00 Mn |
| Mar 31, 2025 | 405.00 Mn |
| Dec 31, 2024 | 420.00 Mn |
| Dec 31, 2024 | 420.00 Mn |
| Sep 30, 2024 | 412.00 Mn |
| Sep 30, 2024 | 412.00 Mn |
| Jun 30, 2024 | 404.00 Mn |
| Jun 30, 2024 | 404.00 Mn |
| Mar 31, 2024 | 402.00 Mn |
| Mar 31, 2024 | 402.00 Mn |